Homes For Sale in Winter Springs FL|Buying a House in Winter Springs FL|Foreclosures in Winter Springs FL

Inside Real Estate
Ready to serve!
407-222-7022
Follow My Blog
RonBowlds
Ron Bowlds
REALTOR
    Years of Experience: 11

    CDPE - Certified Distressed Property Expert

Direct: 407-222-7022

Office: 407-222-7022



Company Info

Cornerstone Real Estate
1236 Cheetah Trl
Winter Springs
407-222-7022


Real Estate Tools

Schoolsschools

Communitiescommunities

Calculatorscalculators

Orlando’s Median price increases as “normal” home sales jump 28 percent

(April 14, 2011 – Orlando, FL) The median price of Orlando area existing-home sales has increased for the second consecutive month – to $103,000 – reports the Orlando Regional REALTOR® Association. However, the March 2011 median price is 6.36 percent less than the median recorded in March 2010.
The increase in overall median price is attributable in part to an increase in the number of “normal” home sales, which have higher selling prices than foreclosures or short sales. The number of normal sales in March (733) is 28.15 percent higher than in February (572).
“Short sales and foreclosures continue to dominate and account for 70.50 percent of sales in March,” says ORRA Chairman of the Board Mike McGraw, McGraw Real Estate Services, PL. “A consistently high percentage of these sales types is something that we want to see; the sooner they flush through the system the sooner we can get back to a market based on normal sales.”
For detailed statistical reports, please visit www.orlrealtor.com and click on “Housing Statistics” on the top menu bar.

Tags: , , , , , , , , ,

One Response to “Orlando’s Median price increases as “normal” home sales jump 28 percent”

  1. Good write-up, I’m normal visitor of one’s web site, maintain up the nice operate, and It’s going to be a regular visitor for a long time.

Leave a Reply

*
Market Recap

  • Avg. Sales Price: 379,000

  • Avg. Days on Market: 69

Free Market Alerts

Get local reports delivered to you

 
Ask Me a Question

Do you have questions you need Answered?

Featured Listings
    No Entries Found
» View More Listings
market alert newsletter

Get free market reports delivered to you. » Sign up today

- Copyright © 2010 Inside Real Estate, LLC

Inside Real Estate does not endorse the agents on this site, and does not guarantee the content submitted by the site's members. Blog and page entries, content, and other information contributed by agents that are members of the site are accountable to the particular agent.